October's First-Time Homebuyer Report for 22942 Zip Code

22942 is a larger than average zip code in Virginia that has seen a 21.2% increase in population over the last 10 years. It also has a total population of 8,094. The 22942 zip code is made up of homes that are relatively old with a median of 30 years.

Culture

If you are interested in arts and entertainment, Foursquare says that Exchange Hotel Civil War Museum is the most popular place in 22942. Recommended places to eat are BBQ Exchange, Restaurant Pomme, and Hardee's. You could also check out the popular Food Lion Grocery Store to do some shopping.

Price Range

The 22942 zip code has some of the more expensive homes in the state with a median home value of $192,800 and a current average list price of $335,751. With four homes sold in the 22942 zip code market over the last 30 days, we see no change from last week's numbers. However, 11 new listings came into the market.

Wonder which homes are generating the most buzz? Here are the most viewed listings in the 22942 zip code:

$150K   $129K   $395K  

Typical Dwelling

A three-bedroom detached home valued around $374,785 is considered a typical dwelling in the 22942 zip code. If a buyer was looking for a similar home, they would need good credit and a $74,957 cash down payment to get a mortgage with a 3.95% interest rate. The monthly payments would be $545 and the property tax rate is $6.58 per $1,000 of taxable assessed value.

Get started right now by checking out 22942 homes for sale or reviewing 22942 real estate trends.


Data reported through 10/13/2016

Comments:


©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.